Price change in new batch of inventory

[Basicbrowns]

Hello,

How do I manage price changes for items with price changes?

Example: I have a product currently listed on my site at Rs. 100. I have 5 of these left in inventory and need to order more from the supplier. The new batch from the supplier has a price increase and now needs to be sold at Rs. 110. How do I manage the pricing on my store so that the existing inventory of 5 is sold at Rs 100 and automatically switches the price to new price of Rs.110 when the stock from the new batch is being used? The issue I am running into is that, since MRP (maximum retail price) is printed on most products in India, I cannot sell the products from the earlier batch at the new price of Rs. 110. If we don't change the price when the new stock is being consumed, I run risk of losing money on the order. Is there a feature or app, that can keep track of the difference in pricing by batch of inventory and automatically switch prices based on the batch of stock being utilized?

[VickM]

Hi @Basicbrowns ,

Our app "Konigle" is a great fit for this requirement of yours with regards to managing these price changes.The functionality of differential pricing on the basis of stocks is available with us.You can automatically switch the prices based on stock/inventory batch

We would love to give you a demo of the same.You can go through all the features in the demo and see the value that we can deliver for you.

It is completely integrated with Shopify and is available on Shopify app store(App name: Konigle).We are currently working with multiple small businesses/ manufacturers who sell both online and offline -on shopify and otherwise as well.

Link attached here:

https://apps.shopify.com/konigle-1?surface_detail=konigle&surface_inter_position=1&surface_intra_pos...

Apart from the above our app also provides various other functionalities which can help you streamlining your operations.The access to the app helps you do a lot more as detailed below:

• inventory control alerts
• collaboration over an order-complete order management 
• shipment management
• automated invoicing
• payment tracking alerts
• abandoned cart alerts.
• understock and overstock alerts.

We do offer a free trial as well and email/chat/phone (24*7) support to help you set up.Feel free to reach out to me to take the discussion ahead..(my coordinates-in signature)

[Basicbrowns]

Hi,

We would like to have the demo to see if the solution meets our requirement.


Please contact us at support@basicbrowns.com
to setup the demo.

Thank you.

[VickM]

Hi @Basicbrowns ,

Have written to you over an email..

Thanks and Regards,

Nik